The taxable values shown here will not match the values reported by your appraisal district

See the ISD DEDUCTION Report for a breakdown of deduction values

Government code subsections 403.302 (J) AND (K) require the Comptroller to certify alternative measures of school district
wealth. These measures are reported for taxable values for maintenance and operation (M&O) tax purposes and for interest and
sinking fund (I&S) tax purposes. For districts that have not entered into value limitation agreements, T1 through T4 will be the
same as T7 through T10.

Value Taxable For M&O Purposes

T1

T2

T3

T4

143,352,923

141,269,899

143,352,923

141,269,899

Loss Tothe Additional $10,000 HomesteadExemption

50% of the lossto the Local OptionalPercentage HomesteadExemption

2,083,024

0

T1 = School district taxable value for M&O purposes before the loss to the additional $10,000 homestead exemption

T2 = School district taxable value for M&O purposes after the loss to the additional $10,000 homestead exemption and the tax
ceiling reduction

T3 = T1 minus 50% of the loss to the local optional percentage homestead exemption

T4 = T2 minus 50% of the loss to the local optional percentage homestead exemption

Value Taxable For I&S Purposes

T7

T8

T9

T10

165,480,041

163,397,017

165,480,041

163,397,017

T7 = School district taxable value for I&S purposes before the loss to the additional $10,000 homestead exemption

T8 = School district taxable value for I&S purposes after the loss to the additional $10,000 homestead exemption and the tax
ceiling reduction

T9 = T7 minus 50% of the loss to the local optional percentage homestead exemption

T10 = T8 minus 50% of the loss to the local optional percentage homestead exemption

The PVS found your local value to be valid, and local value was certified

152/Lubbock

054-902/Lorenzo ISD

Category

Local Tax Roll Value

2017 WTD Mean Ratio

2017 PTAD Value Estimate

2017 Value Assigned

A. Single-Family Residences

1,357,707

.9747

1,392,949

1,357,707

B. Multi-Family Residences

0

N/A

0

0

C1. Vacant Lots

120,533

N/A

120,533

120,533

C2. Colonia Lots

0

N/A

0

0

D1. Rural Real(Taxable)

4,222,585

1.2255

3,445,491

4,222,585

D2. Real Prop Farm & Ranch

7,400

N/A

7,400

7,400

E. Real Prop NonQual Acres

4,359,221

1.0242

4,256,220

4,359,221

F1. Commercial Real

559,661

1.0528

531,593

559,661

F2. Industrial Real

0

N/A

0

0

G. Oil, Gas, Minerals

0

N/A

0

0

J. Utilities

877,130

.7997

1,096,824

877,130

L1. Commercial Personal

29,908

N/A

29,908

29,908

L2. Industrial Personal

1,289,472

N/A

1,289,472

1,289,472

M. Other Personal

0

N/A

0

0

N. Intangible Personal Prop

0

N/A

0

0

O. Residential Inventory

0

N/A

0

0

S. Special Inventory

0

N/A

0

0

Subtotal

12,823,617

12,170,390

12,823,617

Less Total Deductions

800,829

827,154

800,829

Total Taxable Value

12,022,788

11,343,236

12,022,788 T2

The taxable values shown here will not match the values reported by your appraisal district

See the ISD DEDUCTION Report for a breakdown of deduction values

Government code subsections 403.302 (J) AND (K) require the Comptroller to certify alternative measures of school district
wealth. These measures are reported for taxable values for maintenance and operation (M&O) tax purposes and for interest and
sinking fund (I&S) tax purposes. For districts that have not entered into value limitation agreements, T1 through T4 will be the
same as T7 through T10.

Value Taxable For M&O Purposes

T1

T2

T3

T4

12,182,788

12,022,788

12,182,788

12,022,788

Loss Tothe Additional $10,000 HomesteadExemption

50% of the lossto the Local OptionalPercentage HomesteadExemption

160,000

0

T1 = School district taxable value for M&O purposes before the loss to the additional $10,000 homestead exemption

T2 = School district taxable value for M&O purposes after the loss to the additional $10,000 homestead exemption and the tax
ceiling reduction

T3 = T1 minus 50% of the loss to the local optional percentage homestead exemption

T4 = T2 minus 50% of the loss to the local optional percentage homestead exemption

Value Taxable For I&S Purposes

T7

T8

T9

T10

12,182,788

12,022,788

12,182,788

12,022,788

T7 = School district taxable value for I&S purposes before the loss to the additional $10,000 homestead exemption

T8 = School district taxable value for I&S purposes after the loss to the additional $10,000 homestead exemption and the tax
ceiling reduction

T9 = T7 minus 50% of the loss to the local optional percentage homestead exemption

T10 = T8 minus 50% of the loss to the local optional percentage homestead exemption

The PVS found your local value invalid, but local value was certified because local value is greater than PTAD value.

054-902/Lorenzo ISD

Category

Local Tax Roll Value

2017 WTD Mean Ratio

2017 PTAD Value Estimate

2017 Value Assigned

A. Single-Family Residences

22,189,562

.9984

22,224,804

22,189,562

B. Multi-Family Residences

268,175

N/A

268,175

268,175

C1. Vacant Lots

469,251

N/A

469,251

469,251

C2. Colonia Lots

0

N/A

0

0

D1. Rural Real(Taxable)

25,301,459

1.0317

24,524,365

25,301,459

D2. Real Prop Farm & Ranch

1,212,695

N/A

1,212,695

1,212,695

E. Real Prop NonQual Acres

11,244,363

1.0092

11,141,362

11,244,363

F1. Commercial Real

2,833,926

1.0100

2,805,858

2,833,926

F2. Industrial Real

33,153,899

N/A

33,153,899

33,153,899

G. Oil, Gas, Minerals

63,724,025

N/A

63,724,025

63,724,025

J. Utilities

6,433,256

.9670

6,652,950

6,433,256

L1. Commercial Personal

2,414,534

N/A

2,414,534

2,414,534

L2. Industrial Personal

13,565,359

N/A

13,565,359

13,565,359

M. Other Personal

0

N/A

0

0

N. Intangible Personal Prop

0

N/A

0

0

O. Residential Inventory

0

N/A

0

0

S. Special Inventory

1,930,603

N/A

1,930,603

1,930,603

Subtotal

184,741,107

184,087,880

184,741,107

Less Total Deductions

31,448,420

31,474,745

31,448,420

Total Taxable Value

153,292,687

152,613,135

153,292,687 T2

The taxable values shown here will not match the values reported by your appraisal district

See the ISD DEDUCTION Report for a breakdown of deduction values

Comptroller Of Public Accounts - Property Tax Division

2017 ISD Summary Worksheet

054-902/Lorenzo ISD

Final Values Worksheet

Government code subsections 403.302 (J) AND (K) require the Comptroller to certify alternative measures of school district
wealth. These measures are reported for taxable values for maintenance and operation (M&O) tax purposes and for interest and
sinking fund (I&S) tax purposes. For districts that have not entered into value limitation agreements, T1 through T4 will be the
same as T7 through T10.

Value Taxable For M&O Purposes

T1

T2

T3

T4

155,535,711

153,292,687

155,535,711

153,292,687

Loss Tothe Additional $10,000 HomesteadExemption

50% of the lossto the Local OptionalPercentage HomesteadExemption

2,243,024

0

T1 = School district taxable value for M&O purposes before the loss to the additional $10,000 homestead exemption

T2 = School district taxable value for M&O purposes after the loss to the additional $10,000 homestead exemption and the tax
ceiling reduction

T3 = T1 minus 50% of the loss to the local optional percentage homestead exemption

T4 = T2 minus 50% of the loss to the local optional percentage homestead exemption

Value Taxable For I&S Purposes

T7

T8

T9

T10

177,662,829

175,419,805

177,662,829

175,419,805

T7 = School district taxable value for I&S purposes before the loss to the additional $10,000 homestead exemption

T8 = School district taxable value for I&S purposes after the loss to the additional $10,000 homestead exemption and the tax
ceiling reduction

T9 = T7 minus 50% of the loss to the local optional percentage homestead exemption

T10 = T8 minus 50% of the loss to the local optional percentage homestead exemption

HB855 Browser Statement

In 2015, the Texas Legislature passed House Bill 855, which requires state agencies to publish a list of the three most commonly used Web browsers on their websites. The Texas Comptroller’s most commonly used Web browsers are Google Chrome, Microsoft Internet Explorer and Apple Safari.